Mahmoud Abuwasel, disputes partner at Wasel & Wasel, examines implications of landmark ruling in Canada’s Tax Court after individual wins case on tax deductibility of unrealised Bitcoin gains after collapse of crypto exchange
Tax recovered from investigations into largest UK businesses doubles in three years with HMRC taking a ‘more hands-on approach’, although returns limited by legacy IT problems
Stopping VAT abuse by offshore online sellers can only be achieved by scrapping import VAT exemptions and de minimis rules, and even Amazon is calling for urgent change to the deemed reseller rules, explains Richard Allen, online retail VAT consultant and campaign manager at RAVAS
As conflict escalates in the Middle East chancellor attempts to calm the waters telling MPs ‘stability is the single most important precondition for economic growth’
In this week’s Q&A, Eleanor Bradshaw, adviser at Croner-i VIP Tax Team, considers whether a particular property is mixed use for stamp duty land tax (SDLT) as it has a paddock
Community based electric vehicle charger can pay reduced rate VAT after lower tribunal rules against HMRC, saying breach of fiscal neutrality was ‘stark’
As pressure mounts on chancellor to help graduates, changes to the system could open multi-billion pound blackhole if ‘one-off’ reduction in borrowing is reversed
Group of farmers given date for two-day judicial review at High Court over legality of the inheritance tax changes to agricultural and business property relief and government’s failure to consult properly
Taxpayers need to pay what they owe to HMRC in the next few days or face costly penalties as Tuesday deadline for final payments for 2024-25 tax year looms
Significant changes to residential property tax make argument for incorporation more compelling but does it really make financial sense for smaller landlords, asks Amy Cole, private client tax director at Menzies LLP